Indian silk loses it sheen in international market

Central Silk Board data shows a dip in silk exports from India.  Bangalore, March 22, 2018: According to data from the Central Silk Board, Indian raw silk exports have fallen and the raw silk import from China is on the rise. (Refer Table 1.1 and 1.2) According to various reports China is the leading exporter of silk in the world. […]

Continue Reading

RBI’s KYC norms leave users and providers in a fix

The Apex Bank’s directive to link KYC to one’s ID has made online payment cumbersome. Bangalore, March 15, 2018: It is no longer easy to tap and pay from your smart phone in case you run out of cash. Prepaid Payment Instrument (PPI) players like Paytm, Mobikwik as well as customers are facing a difficult […]

Continue Reading

Form 27: A tale of patents lost in vagueness

Bangalore 13th March 2018: A large number of companies and individuals filing for patents and licenses don’t provide critical information about their inventions, stated by law. This removes the transparency in the patent filing process and acts as a hindrance in assessing whether a patent has benefitted the general public at large. Prof (Dr) Shamnad […]

Continue Reading

GST compounds farmers’ woes as cost of machinery rises

Bangalore, Oct 12, 2017: The 12 per cent GST on farm machinery has hit manufacturers and farmers in Bangalore. Before the GST, almost all farm equipment’s including threshers, drip irrigation systems, laser levelers, harrow, and cultivator power sprayer were taxed under Value Added Tax system at the rate of 5 per cent. Drip and sprinkler irrigation […]

Continue Reading

Now purify the air in your home with a small plant

The device can purify air around 300 square feet Bangalore, 27 February 2018: Swasa, a startup has developed an indoor air purifier which uses soil biofiltration technology over the conventional carbon-based filtration system. “Our filter uses a plant and soil to filter out all the harmful particulates in an indoor atmosphere which are carcinogenic and cause […]

Continue Reading

Solar in India struggling to rise and shine

Domestic companies trying to harness the power of the sun have registered declining sales in the past year Bangalore, Feb 1, 2018: Sales at the biggest publicly listed Indian solar companies have dipped significantly in the last year casting a dark shadow on the immediate future of domestic solar manufacturing. Major solar cell and panel […]

Continue Reading

After Samsung and Panasonic, Godrej to shelve window ACs by 2020

Window Air Conditioners are being phased out  by companies like Samsung, Panasonic and Godrej. Bangalore, January 23, 2018: Old air conditioners are flying out of the window, thanks to technology, and consumer preferences. “Thanks to technological innovation, changing consumer preferences and pressure from the government to focus on energy efficient consumer goods, the demand for window […]

Continue Reading

Security lapses, bank freeze lands Indi-Bitcoin wallets, investors in a soup

In the post 2017 Bitcoin boom world, the Indian cryptocurrency economy continues to remain a risky territory as local wallet providers face RBfI raids, bank account freezes, and security lapses. Bangalore, January 23, 2018: “Want to buy a bitcoin? It might be easier than buying a pizza,” a city-based Bitcoin wallet provider said at a recent […]

Continue Reading

City to get six more HOPCOMS’ Horti Baazars

Bangalore, September 8, 2017: The Horticultural Producers’ Co-operative Marketing and Processing Society Ltd (HOPCOMS) has been refurbishing their outlets and adding ‘HortiBazaars’ to attract their customers. Four Horti Baazars are already functional and six more are yet to be ready within a year. The Horti Baazars are operational in Kasturi Nagar, Sadashivnagar, Lalbagh and Electronic city. […]

Continue Reading